Buying a property in Costa Teguise

Costa Teguise has the only Aqua Park and first Golf Course in Lanzarote. It was purpose built as a holiday paradise from salt reclamation flats. The area is well laid out with good road access to all areas. The property selection is broad based from luxury villas overlooking the golf course to well priced town centre apartments. Travel time from airport is around fifteen minutes. There is plenty to do both by day and night.

Area orientation:

Around eight kilometers North of Lanzarote airport you will find Costa Teguise. The ambience is of quality, with an open and clean feel. The resort is quieter than Puerto del Carmen although there is nightlife, plus plenty of bars and restaurants. Probably Costa Teguise is best suited for families and older age groups, but not forgetting Windsurfers. Out from Las Cucharas beach is a world class windsurfing arena that sports people flock to from all parts of Europe.

 

Buying a house in Costa Teguise:

If you are thinking about buying here you probably already know the area, for those who do not here is a quick overview from a property perspective.
The upmarket properties are to be found around the golf course, in Ciudade Jardin and beach front. Some of these villas are really stunning and if you budget allows are well worth taking a look at.
The largest section of property for in sale in Costa Teguise are apartments. Due to current economics there are some repossessed properties and plain bargains out there. Developers were caught with some large complexes that are now being rented or sold off rock bottom. Owners with second homes are having to further cut their prices to compete with bank and developer sale prices. Apartments bought from the banks also come with easy to get and well priced mortgage deals.
Apartments and Studios are found all over the area. Wide variety of choices exist. Good examples are the Teguise Greens apartments inland a little but built to high standards. More central and with good communal facilities would be Las Coronas. These apartments are a little old but beach front and nestled in their own satellite community only a ten minute walk from the very centre.

 

Summary

Costa Teguise has a wide enough selection of houses to cater to most tastes. The area is safe and well thought out. There is a full infrastructure of locals businesses and facilities so you do not have to leave the area. Housing is set at the best prices in over ten years. If you like Costa Teguise and can afford to buy then have a browse on offer right now.